re: Ann: Three Deposits in One - Investor Pre... An interesting article, Chair.... particularly the highlighted bit. According to the latest USGS Survey, China produced 58,000t in 2009 and had 1.8Mt in economic reserves (contained tungsten).
At current production, that's 30 years supply. Assuming they will need to increase production to keep up with local demand, 20 years probably isn't far off the mark.
VMS JORC update due in the next 4 weeks.
Ann: Three Deposits in One - Investor Presentatio, page-19
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